National Bank of Ukraine is Looking at CBDCs for Retail Payments, Cross-Border Transactions, and Crypto Trading
Ukraine is continuing the work on its digital hryvnia, or e-hryvnia, despite the ongoing aggression by Russia. The National Bank of Ukraine (NBU) introduced a draft concept for its central bank digital currency (CBDC) on...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The National Bank of Ukraine (NBU) introduced a draft concept for its central bank digital currency (CBDC) on Monday this week. The statement said that the key purpose of e-hryvnia is to perform all the functions of money by supplementing the cash and non-cash forms of the hryvnia....
Read More: National Bank of Ukraine is Looking at CBDCs for Retail Payments, Cross-Border Transactions, and Crypto Trading
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Chainlink And LG CNS Target South Korean Banks With Digital Asset Infrastructure Deal
TL;DR: Chainlink and LG CNS are partnering on oracle and cross-chain infrastructure aimed at South Korea’s financial institutions;...
BNB Chain processes 1.51B transactions in Q3 as tokenized equity trading jumps 11x
BNB Chain's surge in tokenized equity trading highlights a shift towards decentralized finance, potentially reshaping traditional...
Irish Central Bank Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguards
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourci...
Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head
Bitcoin Magazine Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head The Bank of Ko...
US Senator Questions Tether Over Reported Payments Linked To Former Crypto Adviser
TL;DR: Senator Richard Blumenthal has demanded records from Tether and consultancy Nxum over reported payments and potential ethic...
Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving Ripple, Visa and Mastercard
Malaysia and Thailand have joined Singapore's BLOOM initiative for cross-border stablecoin and tokenized deposit settlement.